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Sep
11th

OPEL AFTERMATH: EC not seen stopping deal

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The German government does not expect the European Commission to thwart General Motors' plan to sell a controlling stake in Opel to Magna, a spokesman said on Friday. Full story...
Sep
11th

CHINA: BYD eyes Shenzhen share issue in 2010

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BYD plans to list itself on the Shenzhen Stock Exchange next year with a share issue to raise funds for its new energy vehicle projects, according to a senior company official. Full story...
Sep
11th

OPEL AFTERMATH: Factory, worker, futures unclear

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Yesterday's announcement that a Magna International-led consortium would buy a 55% stake in General Motors' European Opel/Vauxhall operations finally ended speculation about who would win the bidding round but employees were hardly put at rest as the matter of where Magna's expected 10,000-worker jobs axe will fall remains uncertain. Full story...
Sep
11th

SOUTH KOREA: Hyundai to start work on new plant in 2010

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Hyundai Motor plans to start building a car assembly plant in Brazil in April next year to produce small cars aimed at South American markets, according to a Korean media report. Full story...
Sep
11th

SOUTH KOREA: Hyundai to start work on new Brazil plant in 2010

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Hyundai Motor plans to start building a car assembly plant in Brazil in April next year to produce small cars aimed at South American markets, according to a Korean media report. Full story...
Sep
11th

US: Chrysler ends engine alliance

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Chrysler has said it has ended its engine manufacturing alliance with Hyundai Motor and and Mitsubishi Motors Corporation. Full story...
Sep
11th

RUSSIA: AvtoVAZ expected to announce lay-offs

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AvtoVAZ plans to lay off 5,000 employees, according to Kommersant business daily citing sources at the Russian carmaker and at the government of the Samara Region where it is based. Full story...
Sep
11th

MALAYSIA: VW and Proton again in talks – paper

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Malaysian national carmaker Proton Holdings is in partnership talks with Volkswagen, according to media reports. Full story...
Sep
11th

SOUTH KOREA: Bosch JV seeks 30% of EV battery market in six years

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The joint venture between Korea's Samsung SDI and Germany's Bosch plans to invest KRW500 bn (US$407m) in an electric vehicle battery plant as part of its bid to gain 30% of the global market by 2015. Full story...
Sep
11th

GERMANY: VW-Porsche merger delay

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Contracts finalising the merger of Volkswagen and Porsche will be delayed as the two companies work out a number of details that need to be settled, a VW spokesman told the Financial Times Deutschland. Full story...
Sep
11th

UK: Government trying to ‘disqualify’ former MG Rover directors

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The UK government has ordered lawyers to gather the necessary evidence required to ban former directors of defunct MG Rover Group from holding company office in future. Full story...
Sep
11th

2009 Honda S2000 CR

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2009 Honda S2000 CR
2009 Honda S2000 CR - Honda Roadster Sport Coupe Review - Automobile Magazine
The S2000 perfectly distills what has traditionally made Hondas so appealing.

I'm sure going to miss the S2000 when it goes away after the '09 model year. I'm not a huge fan of this racy CR edition, what with its garish wing, hard top, and wild fairings behind the headrests; I'd honestly prefer to own the $2000-cheaper base S2000 and have the benefits of a stealthier appearance and an easier-to-lower roof. Depriving a CR of regular track exercise would be a crime, but if I had the money for both an S2000 and regular track time, I might change my S2000 preference.inline_mediumwraptextright29836482/reviews/editors_notebook/0908_2009_honda_s2000_cr0908_04_z+2009_honda_s2000_cR+front_three_quarter_view.jpgTrue


Photo Gallery: 2009 Honda S2000 CR - Honda Roadster Sport Coupe Review - Automobile Magazine


Full story...
Sep
11th

Chevrolet Equinox Fuel Cell Passes 1 Million Miles

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The Chevrolet Equinox fuel cell electric vehicles today passed 1 million miles of gasoline and tailpipe pollution-free driving by homemakers, accountants, computer game designers and others using the vehicles every day in real-world conditions. Full story...
Sep
11th

BMW X5 xDrive35d 10-Year Edition

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BMW is to offer a special edition of its popular X5 to mark the range's 10-year production milestone. Full story...
Sep
11th

GM Launches 60-Day Satisfaction Guarantee

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Yesterday, General Motors announced the launch of a new Satisfaction Guarantee program to eligible buyers of new Chevrolet, Buick, GMC and Cadillac vehicles. This new incentive is part of the larger "May the Best Car Win" marketing campaign that aims to demonstrate that GM has total confidence in its product line-up when compared to the most competitive vehicles in each segment. Full story...
Sep
11th

Opel Selected Magna And Sberbank Offers

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AURORA, ON, and MOSCOW, Russia, - Magna International Inc. and Savings Bank of the Russian Federation today announced that their joint offer to acquire a 55% interest in Adam Opel GmbH ("Opel") has been selected by both General Motors Company ("GM") and the Opel Trust as the preferred solution to address the future of Opel. Under the offer, the acquired 55% interest in Opel would be owned 50:50 by a Magna/Sberbank consortium ("Consortium") with GM retaining a 35% interest and Opel employees acquiring 10% as part of a new labour framework. The offer contemplates a total equity investment by the Consortium of Euro 500 million over time. Full story...
Sep
11th

Honda Commemorates 30 Years of Manufacturing in America

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Honda of America Mfg. marked 30 years of manufacturing in America today with a symbolic tree planting ceremony that represents the company's deep roots in America and its longstanding relationships with the communities that have hosted the company's operations. Full story...
Sep
11th

F1 Italy: Its Force India’s time to shine at Monza

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Adrian Sutil proved that Force India's brilliant performance at Spa was not just a flash in the pan. The German ranked 3rd in the morning session and then first this afternoon! Full story...
Sep
11th

NASCAR Canadian Tire: Andrew Ranger expects a rough ride in Barrie

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NASCAR Canadian Tire Series' leader Andrew Ranger is expecting a tough race this week-end in Barrie for the Torbram Electric 300 presented on the short oval known to be a "car crusher". Full story...
Sep
11th

F1: Scuderia Ferrari and new sponsor hint about Fernando Alonso future

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Luca di Montezemolo nearly dropped a bombshell on Friday when he announced that Fernando Alonso would join Ferrari - "sooner or later". Full story...
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